Description

BSE announces non-competitive bidding facility for Government of India Treasury Bills auction featuring 91-day, 182-day, and 364-day T-Bills worth ₹21,000 crores.

Summary

BSE announces the availability of non-competitive bidding facility for Government of India Treasury Bills auction scheduled for August 13, 2025. The auction includes three T-Bills with total issue size of ₹21,000 crores, accessible through BSE’s iBBS web-based bidding platform.

Key Points

  • Three Treasury Bills available: 91-day (₹10,000 cr), 182-day (₹6,000 cr), and 364-day (₹5,000 cr)
  • Bidding through NCB-GSec module of iBBS platform at https://ibbs.bseindia.com
  • Minimum lot size of ₹10,000 with multiples of ₹100 for all T-Bills
  • Different maximum investment limits: ₹500 cr (91-day), ₹300 cr (182-day), ₹250 cr (364-day)
  • 24-hour bidding availability starting August 11, 2025 from 10:00 AM

Regulatory Changes

No new regulatory changes introduced. This follows existing framework established by Exchange circular no. 20180423-42 dated April 26, 2018 for non-competitive bidding in government securities auctions.

Compliance Requirements

  • Trading members must use designated NCB-GSec module for bidding
  • Direct investors must submit bids by August 12, 2025 till 5:00 PM
  • Members must submit bids by August 13, 2025 till 8:00 AM
  • All standard auction participation requirements apply

Important Dates

  • Bid Collection Start: August 11, 2025 from 10:00 AM
  • Direct Investor Deadline: August 12, 2025 till 5:00 PM
  • Member Deadline: August 13, 2025 till 8:00 AM
  • Auction Date: August 13, 2025
  • Settlement Date: August 14, 2025

Impact Assessment

Medium impact on debt market participants and institutional investors. Provides investment opportunity in government securities with varying maturity periods. The ₹21,000 crore total issue size represents significant liquidity injection into the treasury bill market, affecting short-term interest rates and money market operations.

Impact Justification

Routine treasury bill auction facility with standard parameters affecting debt market participants